Magadh Stock Exchange
stock exchange located in Patna, India
Magadh Stock Exchange Association (MSEA) was located in Patna, India. It was established in the year 1986. It is one among the 25 old regional stock exchanges in India. The exchange was disbanded on 3 September 2007 by Securities and Exchange Board of India (SEBI).
History
By 1999–2000, the Magadh Stock Exchange had a total of 199 brokers, out of which 15 were corporate brokers. Among 199 brokers, it was further classified as 183 proprietor brokers, 1 partnership broker and 5 corporate brokers. Then, there were only 2 sub-brokers registered.
In September 2005, the Magadh Stock Exchange was corporatised and demutualised in accordance with the provisions of the Securities Contracts (Regulation) Act, 1956.
On 17 August 2000, the Magadh Stock Exchange became the only regional stock exchange in the country to trade on the National Stock Exchange of India (NSE), the Bombay Stock Exchange (BSE), Calcutta Stock Exchange (CSE) and the Interconnected Stock Exchange (ISE) when the exchange finally got connected to the NSE through ISE.
SEBI vide order dated September 3, 2007 refused to renew the recognition granted to Magadh Stock Exchange Ltd. On SEBI website, Magadh Stock Exchange shows "valid upto as permanent" but it is clearly mentioned that its renewal has been refused.
“Magadh Stock Exchange” enters the record as stock exchange located in Patna, India. Crown Archives preserves that source wording while asking what Magadh, Stock and Exchange can confirm, complicate or overturn.
Why this record matters
“Magadh Stock Exchange” is worth following because a concise public description often conceals a longer documentary argument. Here, Magadh, Stock and Exchange provides the most credible route into that argument.
Vocabulary and entity names are the principal evidence signals here, because they determine the precision of every later search. The source revision retrieved here is dated Jul 3, 2026. The linked authority identifier is Q17068063. The first chronological checks are 1986, 2007, 1999 and 2000.
The absence of detail may reflect summary conventions rather than a lack of surviving documentation. The lead is largely declarative, so disagreement and counter-evidence require a deliberate search beyond the opening account. Authority statements aid reconciliation but still require their own references, qualifiers and ranks to be checked.
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This entry incorporates text from “Magadh Stock Exchange” on English Wikipedia. Contributors are listed in the page history. Text is available under the Creative Commons Attribution-ShareAlike 4.0 License. Selected authority identifiers and statements are retrieved from Wikidata under CC0; their references and qualifiers remain part of the verification path.